The Buzz
All markets and investing news all the time

Nike Running Zoom Pegasus Pegasus 34 GS Sneakers White Green Black Kids Running Shoes Sneakers 881953-100 9fa2cda




Item specifics

Condition:
New with box: A brand-new, unused, and unworn item (including handmade items) in the original packaging (such as ... Read moreabout the condition
Authenticity: 100% Authentic Guaranteed
MPN: 881953100 Return Address: Domestic Return For U.s. Customers
Style: Athletic US Shoe Size (Baby & Toddler): Us 2c ~ 10c
Width: Medium (d, M) US Shoe Size (Youth): Us 10c ~ Us 7y
Material: Synthetic US Shoe Size (Women's): Us 5 ~ Us 12
Color: White US Shoe Size (Men's): Us 7 ~ Us 14
Country/Region of Manufacture: Vietnam Brand: Nike

Nike Running Zoom Pegasus Pegasus 34 GS Sneakers White Green Black Kids Running Shoes Sneakers 881953-100 9fa2cda - hollisbaker.com

Americans love Corona, but is it paying off for investors? April 9, 2014: 11:06 AM ET
Nike Running Zoom Pegasus Pegasus 34 GS Sneakers White Green Black Kids Running Shoes Sneakers 881953-100 9fa2cda
Nike Running Zoom Pegasus Pegasus 34 GS Sneakers White Green Black Kids Running Shoes Sneakers 881953-100 9fa2cda - hollisbaker.com

The beer trade has been a good one for Constellation.

Bottoms up! Constellation is cashing in on America's love affair with Corona.

Shares of Constellation Brands (STZ) opened sharply higher Wednesday after the beer and wine company reported strong quarterly results, although the stock has now fallen back.

The buzz kill came after Constellation executives said on a conference call with analysts that the cost of expanding a brewery in Mexico would be much higher than previously expected.

The company raised its estimate for the cost of upgrading its Nava brewery to a range between $900 million and $1.1 billion, up from the previous estimate of between $500 million to $600 million. So far, Constellation has spent about $140 million on the brewery.

Robert Ryder, Constellation's chief financial officer, tried to put a positive spin on the news.

"Despite the increased cost to build out the brewery, our improved commercial results should keep our cash flow and delivering goals intact," he said.

Constellation said net income surged 92% in the fourth quarter to $157 million, or 79 cents per share. Analysts were expecting the company to report earnings of 76 cents per share, according to FactSet.

Corona is the best-selling imported beer in the United States, according to Constellation CEO Rob Sands.

Sales rose to nearly $1.3 billion, thanks largely to about $600 million from Crown, the division that distributes Modelo brand beers, including Corona, in the United States.

"We had a great year, driven by our beer business," Sands told analysts on a conference call today.

Constellation paid $5.3 billion to take full control of Crown last year as part of a complex deal between Anheuser-Busch InBev (BUD) and Mexico's Grupo Modelo.

The deal was held up in court after the U.S. government sued to block it over anti-competitive concerns. But regulators relented after AB InBev and Modelo gave Constellation "perpetual rights" to distribute the popular Corona beer in the U.S. market and tossed in a major Modelo brewery.

Related: Why six-packs are pricier in some markets

So far, Constellation's bet on Mexican beer is paying off.

Net sales in the beer segment rose 13% in the fourth quarter " due to volume growth driven by strong consumer demand," the company's report states.

The strength in beer helped offset softness in sales of wine and spirits, which grew only 1% in the quarter.

Constellation expects beer sales to continue growing in its current fiscal year and is looking for income to grow "in the low to mid 20 percent range."

That should lead to better-than-expected earnings. Constellation is now targeting earnings of between $3.75 to $3.95 per share for the full year, which would translate to earnings growth of up to 27%.

Nike Running Zoom Pegasus Pegasus 34 GS Sneakers White Green Black Kids Running Shoes Sneakers 881953-100 9fa2cda

Now who needs a lime?

Join the Conversation
Follow CNNMoneyInvest
Fear & Greed
Sponsored by
Nike Running Zoom Pegasus Pegasus 34 GS Sneakers White Green Black Kids Running Shoes Sneakers 881953-100 9fa2cda - hollisbaker.com
About This Author
Nike Running Zoom Pegasus Pegasus 34 GS Sneakers White Green Black Kids Running Shoes Sneakers 881953-100 9fa2cda - hollisbaker.com
Ben Rooney
Staff writer, CNNMoney

Ben Rooney is a staff writer for CNNMoney. He covers the European debt crisis and other international finance stories, in addition to writing about stocks, bonds, investing and other Wall Street-related news. Follow Ben on Twitter: @ben_rooney

To view my watchlist

Not a member yet?

Sign up now for a free account
Contributors
Stupid Stock Move of the Day
#StupidStock Move of the Day! Yes, Urban Outfitters may be finally turnings things around. But $URBN up 17%? Seems a bit excessive, no?
Most Popular
You won the $1.5 billion Powerball! Here's your tax bill
 
Propet Women's Washable Walker Shoes D(W) , NEW adidas adipower Barricade - White Running, Cross Training (Women's 7)Lot of 4 Adidas Energy Boost - Skechers - Inov F-Lite 219 Running Shoes Sz US 9Women's Hoka Walking/Running shoe 9.5 New In BoxNEW NIKE W LUNAREPIC FLYKNIT WMNS DARK MUSHROOM SHOE 818677-200 WOMEN SIZE 6.5Women's Nike Free RN 2017 Running Shoes Black Anthracite Size 8.5 880840 003 NIB , Reebok Lifestyle CL NYLON-W Womens Classic Sneaker- Choose SZ/Color.STRUM ADDICT Shoes 821202 Grey 23.5cmNIKE Women's Juvenate Sneaker, Palm Green/Legion Green/Black/White, 9 B US , Merrell Womens Solo Luxe Outdoors Leather Trekking Shoes , MINT BROOKS Ariel 14 Womens 8.5, 40 MEDIUM (B) Width Grey Pink Best in ClassNew Balance WVERSLJ1 D Wide Navy Silver Women Running Shoes Sneakers WVERSLJ1DMUST SEE FABULOUS $179.99 2017 NEW BALANCE 998 W998WA WOMEN 9.5 B EEEUC LNNike WMNS Air Max 1 Ultra Essentials [704993-401] Women Casual Deep Blue US 6.0 , ASICS GEL-Ziruss - Blue - WomensNike Air Max Thea Ultra FK Flyknit Comfort Running Trainers Shoes 881175 006 NEWNew Nike Womens Air Zoom Hyperace Nike Volleyball Black White 902367-001 Size 7Adidas- Supernova Running Shoe, Women's Size 8.5, GreyNIKE Women's Zoom Cage 2 Black Volt Athletic Running Shoes - 7 - 705247-002 , New Balance 997 Rockabilly M997CGB Grey/Black/Teal (msrp: $210) Made in USA , Women's New Balance Gray Sneaker Running Shoes W01GP Size 8 B , Air Jordan Nike True Flight Triple Black 342964 013 Basketball Shoe Womens 8NIKE ROSHE ONE 38 38.5 NEW rosheone rosherun juvenate kaishi free trainer 5.0Nike Womens Air Zoom Mariah FK Racer Running Shoes Sz 7-9 Black White AA0521 100 , Love Moschino Women - Sizes 9 (39EU) - JA15323G04JI0000 - NiB - Originally $295Zoot Sports Laguna - Pink - WomensNew Balance WMNS 996 NB women lifestyle shoes NEW grey white cream WR996-CGWWomen's Nike Cortez '72 SI Leather Shoes NEW Black / White , MSRP $125Nike WMNS Air Max 1 Ultra Essentials [704993-401] Women Casual Deep Blue US 7.0 ,
Powerball winner can stay anonymous, judge rules
 
Counterfeit goods market is booming and becoming more dangerous
 
Kodak ditches digital cameras, will focus on photo printing 7851620 LFTBTS50 Women's Shoes Size 7 M Beige Suede Boots Johnston & MurphyApt. 9 Navy Blue Ankle Boots Side Zip Womens US Size 8.5 Med Kohls Claudine AP , Bandolino Black Leather Dress / Ankle Boots Women's Size 7 1/2 MBaretraps Lancy Black Womens Shoes Size 9 M Boots MSRP $100 , Fergalicious Boots Fergie Women's 7.5 Brown Beige Sassafraz Ankle Calf Buckle , Women Inside Heigten Thickened Vogue Warm Winter Snow Knee High With Fur Boots , Brinley Co Women's Thora Ankle Boot, Black, Size 7.5 DLetBorn Crown "Roxie" Crackle Leather Brown Tall Riding Boots Size 10MNEW BEARPAW HONEY in Wine Neverwet Suede Fringe Ankle Boot (sizes) , Kelly & Katie Womens Balantina Round Toe Ankle Chelsea Boots, Black, Size 9.5LUCKY BRAND Brown leather scalloped WESTERN BOOTS COWBOY booties 8 CLAIRE $129CALLEEN CORDERO Textured Black Leather Wood Platform Boots Booties Size 9 , Steve Madden Womens Tala Ankle Bootie- Pick SZ/Color. , Chinese Laundry Womens Unnie Closed Toe Ankle Fashion Boots Whiskey Size 8.0 F , Crown Vintage Womens kallee3 Almond Toe Ankle Fashion Boots Blue Size 7.5 hEVEAriat Western Cowgirl Women Caramel and Bluie lether Boots 7C , Tory Burch Jolie Ballerina Flats Black Logo Minnie Reva Leather Ballet Shoe 8Womens Munro Shoes Luna Bronze Medium Width Size Comfort USA Made $165 RetailBALLY MABELLA StyleFlex Dark Brown Ballet Flats Loafers Shoes 7.5 ITALYAuth Euc Roger Vivier Satin Belle Pumps Flower in Black Silk Satin sz 36BED STU Triad Natural Teak Cobbler Rustic Bench Made Clog Mule Western 7.5 NEW , Authentic Prada Nude Laser Cut Ballet Flats w/ Bow Detail 36 , Womens Hidden Heel Sports Athletic Shoes Round Toe Wedge High Tops Chic SneakersSAS Women's, Simple Slip on Loafer Wine 11 S , Mephisto PYRETA 2 baskets femme 37.5Skechers Street Women's Moda-Gum Bottom Suede SneakerLavender9.5 M USMBT Womens Shoe Walking Swiss Gray Fitness Rocker 400167-82 Sz US 7New Balance Womens Wtgobigp Grey/Pink Running Shoes Size 9.5 (418279)Women's NEW FRYE WOMENS ERICA OXFORD Flats , Merrell Women's Around Town Sunvue Woven Active Sandal Black Synthetic ,
 
University of Phoenix is the latest college under investigation
 
Latest Buzz Videos
See all videos
Nike Running Zoom Pegasus Pegasus 34 GS Sneakers White Green Black Kids Running Shoes Sneakers 881953-100 9fa2cda Athletic Shoes
379456
2986002
4928372
8325527
9973334
12219720
12551749
18946005
19046982
Powered by WordPress.com VIP.